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Don’t rush if you’re bullish on NEAR—there’s a trap hidden in the 4H.
$NEAR /USDT - Go short (SHORT)
Trading plan:
Entry: 1.9321 – 1.9413
SL: 1.9807
TP1: 1.9037
TP2: 1.8817
TP3: 1.8487
Why watch this structure?
- 1D is ranging; 4H SHORT signal (55 mins), and the 1H support at 1.9367 has been broken.
- RSI 15m is 45.6, momentum is weak, and the EMA is diverging downward.
- Now entering: short at 1.9367, TP1 at 1.9037, SL at 1.9807.
Discussion:
Will this short hit TP1 first, or will it get swept and bounce?